Topic: [ANN][KARM] Karma / ₭ / X11 - page 255. (Read 583120 times)

WHEN CAN I USE X11 ALGO  
thank you

Target date is around the end of July ..

See page 143 of this thread or find 'kosmost's'
posts on this thread for the details ..

Triff ..

I agree with this post.
I think psychology is a very important aspect when dealing with this.

Another thing that worries me is the growth potential / reward / expectations after the reverse split.
I keep reading about attracting investors so what can we expect from an investor point of view?
One thing is for certain, the investor will want his capital back plus some.
This means if the investors don't see a high growth potential, they will simply not invest.
So if we take for instance 1:1000 split wouldn't this hurt us more because then people would have to buy more to reach their initial growth expectation? I don't think people will start doing it...
Just my 2 karma cents....

Without that, it's simply psychology.  If you reduce the number to 10%, say 9bil, and the price goes from 1 sat to 10 sat you think "oh, this makes the market better," but if trading at 1sat worth of ltc or 10 sat, it is still the same thing.  Imo, psychologically, people getting into the idea behind karma will like the idea of giving to people.  Giving someone .001 is a joke to the average person and they wont bother.  Giving 10, 100, 1000, etc seems like it is something regardless of if the value of all of those is the same.  I think part of the pain for btc to move forward is its high value.  No one, not really understanding bitcoin, wants to spend $200 on .3 of something or gift their friend .001.  If they were buying 30, it seems like something and when the price moves they can interpret it better.  

In the end its the same thing, different numbers, and changing it just to stay on the satoshi wagon is a waste imo.  I personally think the strength is in the amount, long term specially.  I think the feeling and psychology behind that is a strong strong point for adoption.  The other side is people selling it don't want to sell 1mil for .x btc, selling smaller amounts feels less like a waste to them.  But its the same thing either way.  Raising the individual value of karma, imo, goes against the idea of people using it for its purpose and is just traders wanting their way and people excited about it wanting to see it worth something.

A good example is the tipping app.  People toss around 1k-50k of a coin and its like 'wow, look what they gave out'  If they were tossing out 1 and 2, its just meh--I might not know anything about either coin, but I notice to big numbers and don't think twice about the small.  That is personally why I always bought into the size of karma. When I see something great I want to say, "here is 50k for awesomeness," not "here, take my meager .5"--even if they equal the same thing.  With the proposed ratios that would be an extreme example but its the same idea.  If you are interesting in this coin and believe in its long term, wide, adoption I think changing the amount is a temporary bandage and a waste of potential--and also quite risky if the market doesn't move to meet the new size.

Just to clarify that 10 votes for being logged in is a one time thing and you will only be allowed to vote again if you log out, I've been pressing vote while logged in and didn't realise it wasn't going through

If this isn't an invitation I don't know what is. This hasn't only been posted here so lets get cracking.

I encourage everyone to sign up to the site, vote and then vote every day. Approximately every 24 hours I'll post an update here on our progress and remind people to vote.

We don't need the most votes, we just need to show our potential. It is possible with two market makers (https://hitbtc.com/mm), perhaps coupled with a decent number of votes, Karma will be listed on hitbtc. Even if we aren't listed in the next 3 months, your votes over the next 3 months will help us get there in 3 months instead of 4, 5 or 6 months.

Day 8:
Rank 1: NFD Coin 14123 (24 hr gain +86) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 2: GlobalBoost 13007 (24 hr gain +2) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 3: BlackCoin 10614 (24 hr gain +24) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 4: Latium 8340 (24 hr gain +394) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 5: Isracoin 7729 (24 hr gain +857) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 6: Mintcoin 3575 (24 hr gain +65) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 7: VirtaCoin 2604 (24 hr gain +161) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 8: RescueCoin 1731 (24 hr gain +1731) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 9: SiameseCoin 1690 (24 hr gain +463) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 10: Bytecoin 1625 (24 hr gain +36) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 11: Vertcoin 1375 (24 hr gain +7) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 12: NEMcoin 1050 (24 hr gain +33) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 13: duckNote 876 (24 hr gain +2) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 14: Darkcoin 856 (24 hr gain +7) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 15: Fantomcoin 555 (24 hr gain +2) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 16: biebercoin 524 (24 hr gain +0) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 17: KarmaCoin 522 (24 hr gain +27) (last 7 days gain +243) (gain since day 0 +360))
Rank 18: Nascoin 518 (24 hr gain +0) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 19: Primecoin 478 (24 hr gain +1) (last 7 days gain +TBA) (gain since day 0 +TBA))
Rank 20: Web 2.0 Coin 418 (24 hr gain +4) (last 7 days gain +TBA) (gain since day 0 +TBA))

Sign up to https://hitbtc.com/vote then vote. It just just an email address, password and confirmation link in your email. Make sure you sign in so your vote is worth 10 times as much.

To get 1000 points it only takes 100 people voting for 10 points. To get 2000 points it only takes those same 100 people voting an additional 10 times while signed out. Lets get started.

TBA means to be advised, I'll introduce this when I have time to set up a system to automate it.
1 day is not 24 hours, it is 1 posting, I'm aiming to post once every 24 hours but sometimes I miss it due to other commitments.

Week 1 results summary:
Karma moved from rank 26 to 17, moving up a total of 9 places.
Karma increased its votes from just 162 to 495, an increase of 333, or we now have 305% of the votes we started with. For future reference, this was all while Karma prices were declining by at least half their value at the start of the weak.

Day 6 results summary:
Karma dropped 1 place today to rank 18 due to the introduction of a new contender.
We are catching up to a lot of cryptocurrencies, if we get a good voter turnout for day 7 we might be able to move up 3 or even 4 places in 1 day.

Day 7 results summary:
Karma moved up 1 place today to rank 17, which is good, however voting turnout was less than usual for Karma.
If we get some good votes tomorrow I wouldn't be surprised if we move up 2 places.

Day 8 results summary:
Karma held its place today at rank 17, we are just 2 votes away from overtaking biebercoin.

Monero is now available on bitbtc with just 1135 votes. This is a market maker addition. I strongly encourage active traders to review this https://hitbtc.com/mm and contact the hitbtc team. Obviously it would be impossible to keep Karma within such a tight range, however larger spreads may be negotiable.

It would appear as if you can only vote once while logged in. You can vote as a guest as many times as you want every 24 hours.

Please keep it up, vote again as a new user or a guest today.

Chargin.